Wednesday, 6 July 2016

.India, Sri Lanka discuss issues regarding railway network development

NEW DELHI: India and Sri Lanka on Tuesday discussed various issues regarding overall development of railway network including upgradation of signalling and telecommunication system in the island nation.
Minister of State for Railways Manoj Sinha and Sri Lanka’s Minister of Development Strategies and International Trade Malik Samarawickrama discussed a range of issues regarding the development of railway network.India has been extending concessional Line of Credit (LoC) to Sri Lanka to support various projects in the infrastructure sector including Railways. Till date, more than USD 1 billion of LoC has been extended to Sri Lanka for various railway projects.

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